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Alpaca is a US-headquartered global leader in agent-first brokerage infrastructure serving hundreds of financial institutions across 40 countries. The company provides institutional-grade APIs for stocks, ETFs, options, crypto, fixed income, and 24/5 trading, supporting over 10 million brokerage accounts. Backed by $400 million in funding from top-tier investors including Portage Ventures, Spark Capital, and Y Combinator, Alpaca operates a globally distributed team of 400+ members.
You will own Alpaca's regulated crypto trading and yield surface, including spot and perpetual exchanges, fiat and stablecoin funding rails, staking/lending products, and the crypto API that partners build upon. This is a core product ownership role requiring deep partnership with engineering, compliance, legal, partnerships, and the broader product team to ship regulated crypto infrastructure at scale.
Key responsibilities include:
- Own the spot crypto exchange product surface: pair coverage, order types, jurisdiction availability, and partner-facing trading experience
- Lead integrations unlocking funding and liquidity with LPs and custodians; own stablecoin funding flows including USDC and regulated stablecoins
- Work with partners (fintechs, neobrokers, institutional platforms) to understand crypto needs; expand supported networks and coins balancing demand and custody readiness
- Drive staking and lending/earn product design within regulatory and operational constraints
- Shape a crypto API surface treating developers and agents as primary customers: SDKs, reference integrations, changelog discipline
- Lead and execute the product case for crypto perpetual futures
- Provide early signal on US policy changes rather than react after rules formalize
This role requires shipping in a regulated environment alongside Legal, Compliance, Risk, and Operations teams, with comfort navigating ambiguity and real-time tradeoffs.
REQUIREMENTS:
- Bachelor's degree in computer science, engineering, finance, or equivalent
- 5+ years of experience in Product Management, Engineering, and/or starting a startup, preferably within crypto exchanges, brokerage, market making, custody, or financial infrastructure
- Demonstrated depth on at least one core crypto product surface at production scale: spot trading/exchange, custody/wallets, fiat or stablecoin funding rails, staking/earn, or derivatives/perps
- Strong understanding of crypto market structure: order books, liquidity providers, spreads, slippage, settlement, and how B2B/API-first platforms differ from retail-only exchanges
- Experience shipping in a regulated environment alongside Legal, Compliance, Risk, and Operations; comfortable with ambiguity and real-time tradeoffs
- Proven ability to run partner/customer discovery and turn it into a prioritized roadmap
- Excellent written and verbal communication across engineering and executive audiences
- Business acumen to weigh ROI, partner demand, regulatory risk, tech feasibility, time, and budget
- AI-native PM workflow; AI is part of your daily stack in getting work done
NICE-TO-HAVES:
- Direct experience at a crypto exchange, broker-dealer, custodian, market maker, or institutional crypto infrastructure provider
- Experience building developer-facing crypto APIs used by quants, algo traders, or automated/agentic systems
- Familiarity with staking, lending/earn, perpetual futures, and operational/regulatory constraints of offering them through a licensed entity
- Background combining regulated financial-product context (broker-dealer, payments, custody) with crypto-native infrastructure (wallets, L1/L2, on-chain settlement)
